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...The entire conversation about r minus g, while maybe useful for macroeconomists to think about, ignores that it matters what we spend on....
...It is as if the wealth that has recently been accruing to the very wealthiest, in Pikettian terms r>g, were represented as a graph and built in three dimensions: wealth manifesting as solid form....
...Sadly, pensions nerds don’t get invited to fancy central bank retreats. So no-one was there to point out that this (r-g) thing misses the state’s biggest contractual financial liabilities....
...Net income increased slightly to a record R$2.2bn ($424mn), despite a R$1.2bn provision linked to a retail chain hit by an accounting scandal that affected several other lenders in Brazil....
...On the one hand, there are online communities dedicated to botting (the most popular posts on /r/RuneScapeBotting seem to involve people claiming to have got away with it)....
...Robin Wigglesworth I have looked at the chart at some point this year, but it’s lodged somewhere in the memory banks....
...Relinquishing Alfa-Bank, the crown jewel in the oligarchs’ stable for 30 years, comes with a higher goal in mind: beating the US, UK and EU sanctions that have frozen their assets and raised the prospect...
...In the UK, buildings receive an energy performance certificate, or EPC, with a top grade of A and a bottom of G....
...Royal real estate King Charles III began building a property empire long before he inherited the crown....
...In the supply chain rankings of 2007, P&G, Toyota and Walmart all had a peer ranking score at least double that of Apple....
...“Now the tables have turned,” said an adviser to the bank in Hong Kong....
...“Potanin . . . says he wants to preserve the bank and its culture.”...
...Mike, 42, is shorter, heavier-set and speaks with a thicker Maine accent, all dropped g’s and r’s. He is bearded, goofy and charming, and wears a cap with an American flag on it....
...(DealStreetAsia) South Korea’s LG Energy Solution is aiming for the electric vehicle battery crown with its supersized $10bn IPO this week....
...Lena Komileva, chief economist at G+ Economics: With the weakest productivity per capita, combined with the highest structural inflation problem among major economies, the UK economy is clearly a laggard...
...CD&R has indicated it is considering raising its takeover offer to £10.80 a share, UDG said....
...(FT) News round-up Deutsche Bank executive seeks injunction over Wirecard report (FT) KPMG faces record fine over ‘conflict of interest’ on Silentnight sale (FT) Revolut boss expects digital bank to...
...Investors last month criticised plans to sell FTSE 250-listed UDG Healthcare to CD&R....
...Among turbulent US banks in the early 2000s, “every single one of them had a Succession-like drama”, he says....
...Investors including Neuberger Berman, Candriam and M&G point to signs of ESG progress in Uzbekistan....
...Lena Komileva, chief economist, (g+) economics: The UK economy was worst hit by the pandemic among major economies, with the greatest shortfall of economic activity relative to pre-pandemic levels, as well...
...[R]elative to global equity market capitalisations, investors have allocated just 3% of their assets to gold....
...All of which means Rowan is arguably overdue some R&R....
...The famed Turnberry resort in Scotland has not been chosen to hold the Open Championship since Trump bought it in 2014 and the R&A said it had no plans to select it anytime soon....
...This year’s star, however, is Mark Carney, former governor of the Bank of England — speaking on the topic of climate change. The content is not as gripping as The Crown....
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